Causa Local and the Cooperative Development and Investment Fund (FIDECOOP, in Spanish) announced an alliance in which FIDECOOP will recommend and endorse businesses they identify as eligible to apply for micro-loans of up to $15,000 at 0% interest from the kiva.org crowd-lending platform. FIDECOOP, a financing fund for businesses organized under the cooperative model, joins […]
Small businesses and nonprofits adversely affected by the COVID-19 pandemic are encouraged to consider applying for the U.S. Small Business Administration’s COVID-19 Economic Injury Disaster Loan (EIDL) during the month of December. Applications must be submitted via SBA’s online application link no later than Dec. 31, 2020 to be considered, the agency said. A total […]
The U.S. Department of Agriculture announced it is seeking applications for funding to establish revolving loan programs to support rural businesses and community development projects. Subject to the availability of funds, the loans will be established through USDA’s Intermediary Relending Program. Eligible recipients include nonprofits, cooperatives and public agencies. “The Intermediary Relending Program provides loans […]
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